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Market News
March 9, 2021
South Korea Ruling Party Leader Resigns in Likely Presidency Bid
South Korea’s ruling Democratic Party leader resigned the party post he held for seven months to pave the way for a possible bid to succeed...
March 9, 2021
Standard Life Aberdeen Sees Slower Exodus, Slashes Dividend
Standard Life Aberdeen Plc clients pulled more cash from the fund manager in 2020, but at a far slower pace than the previous year.
March 9, 2021
Continental Sees Muted Returns on Chip Shortage, Pandemic
Continental AG said profitability will be held back this year by an industrywide shortage of semiconductors and economic fallout from the pandemic.
March 9, 2021
Eskom to Investigate Alleged Racism by CEO De Ruyter
Eskom Holdings SOC Ltd. is investigating an allegation of racism levelled against its Chief Executive Officer Andre de Ruyter.
March 9, 2021
Carlyle-Backed China Biotech Firm Plans Hong Kong IPO
Abbisko Therapeutics Co., an oncology-focused Chinese biotech company, is planning a Hong Kong initial public offering that could raise about $250...
March 9, 2021
Goldman Weighs Sale of Majority Stake in Japan Renewable
Goldman Sachs Group Inc. is exploring a sale of its majority stake in Japan Renewable Energy Corp. amid interest from potential investors, according...
March 9, 2021
Pentagon Crafting Next Budget Close to This Year’s $704 Billion
Pentagon officials are crafting a fiscal 2022 budget plan that assumes the military will receive $704 billion to $708 billion, essentially a flat...
March 9, 2021
Vodafone Seeks $3.1 Billion From Towers Unit IPO in Frankfurt
Vodafone Group Plc is looking to raise as much as 2.58 billion euros ($3.1 billion) from an initial public offering of its European mobile-phone...
March 9, 2021
BOE Concerns, U.S.-China Divergence, Oil-Price Risks: Eco Day
Welcome to Tuesday, Europe. Here’s the latest news and analysis from Bloomberg Economics to help you start the day:
March 9, 2021